Powell named the disruption to global supply chains as just one coronavirus consequence that could darken the economic outlook here. The Fed chief predicted “there will very likely be some effects” on U.S. growth, though he was loath to get specific. Wilcox, now a senior fellow at the Peterson Institute for International Economics, underscored he is not a public health expert. TRUMP WATCH:President Trump. — Trump praises big tech companies: “Trump gave a shout out to a group of four big tech giants that have market caps larger than $1 trillion, calling them MAGA,” CNBC's Patti Domm reports.

Source: Washington Post February 12, 2020 12:45 UTC